Mark Cuban and Voyager CEO Explain How to Get Into Crypto, Offer Advice to New Investors

[ad_1]

Shark Tank star and NBA team Dallas Mavericks owner Mark Cuban and the CEO of crypto trading platform Voyager gave some advice to people who are considering starting to invest in cryptocurrencies. “You don’t have to spend a lot of money to learn. It’s not like the stock market where it’s almost impossible, ”Cuban said.

How to get into crypto, what investors need to know

NBA Team Dallas Mavericks owner Mark Cuban and Crypto Platform Voyager CEO Steve Ehrlich gave advice on how to get started in cryptocurrency last week during the Dallas Mavericks and Voyager partnership announced.

They were asked if it was too late to get into cryptocurrency and what new crypto investors should know. Answering the question, “Is it too late to get into crypto?” Voyager CEO Steve Ehrlich responded:

It’s never too late and, in fact, now is the right time. I still think it’s the first half of Q1 on crypto adoption.

“Right now, around 220 million people have crypto and we (anticipate) a billion in four years. So that shows you where we can actually go with the adoption of crypto and crypto, ”he explained.

Cuba noted:

You don’t have to spend a lot of money to learn. It’s not like on the stock market where it’s almost impossible, except on a few platforms, to spend $ 10 and get started.

He further shared, “My now 12-year-old son got me in dogecoin when it was less than a dime. I was like ‘let’s do this’ because it’s such a cheap way for him to learn how it all works.

The two were also asked if anyone is going into crypto for the first time, “what are the key things [they] need to know? “

Ehrlich advised:

Come in small and learn just a little. Start small and I think it is always wise to start financial investments small and then build up.

He continued, “As you start to learn and understand more, you can start to increase from there. But I think it’s still a good place to start.

Cuban nodded, warning, “You are spending your money, so always be careful. But the other thing, look, there are investments. Things like shiba inu [SHIB] and dogecoin [DOGE], these are not investments.

What do you think of the advice given by Mark Cuban and the CEO of Voyager? Let us know in the comments section below.

Image credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This is not a direct offer or the solicitation of an offer to buy or sell, nor a recommendation or endorsement of any product, service or business. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

[ad_2]